Moody’s Analytics today (30/3/2023) announced that its EDF-X solution has been recognized as “Best Predictive Analytics Platform” in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today .
Moody’s flagship solution for accelerated financial risk insights and early warning signals, EDF-X, applies the company’s time-tested credit models to assess the financial resilience for 450+ million pre-scored companies globally using the best data available. It also provides customized views and targeted alerts for a range of business and credit decisions.
Even in the absence of timely financial statement information, EDF-X still produces reliable risk measures leveraging Moody’s curated trove of alternative data, powered by sophisticated machine learning techniques. This proprietary corpus includes, but not limited to, contributory data on trade payment behavior, firmographic and ownership information, and economic forecasts under stressed scenarios. EDF-X’s intuitive interface offers a range of advanced analytics to help clients understand the drivers for each assessment and test their sensitivity to different assumptions.
“EDF-X is a true game-changer in how financial institutions and corporations can manage their exposures. With finely-tuned early warning alerts, along with recommended and custom dashboards, the Moody’s Analytics team should be commended for a well-deserved 2023 FinTech Breakthrough Award,” said James Johnson, Managing Director at FinTech Breakthrough.
“We’re delighted to receive this accolade from FinTech Breakthrough. Perhaps more urgently now than in recent memory, clients need to identify well in advance their riskiest exposures so they can focus their limited resources to address what matters most,” said Ari Lehavi, General Manager of Predictive Analytics at Moody’s Analytics. “Our approach to incorporating a diverse mix of timely signals to identify early indications of financial distress sets us apart from alternative offerings. EDF-X represents our crown achievement in deriving actionable insights from our vast data assets to equip customers with capabilities few can provide.”
Leveraging over 50 years of experience modeling credit risk, EDF-X generates financial insights on any company, including timely risk intelligence on all businesses within the world’s largest global databases, covering small family-owned businesses to large enterprises, spanning 200+ countries and territories and 190+ million financial statements, and capturing firmographic and ownership details as well as trade payment behavior insights.
Source: prweb.com
